In my opinion it looks like BTC got a clear rejection from all the upper band of the channel. Maybe that we could go down again in the meantime?
Zooming in we're clearly seeing that we got a rejection with the candle wick. Zooming in on the 15m en 1h we're seeing that a kind of rising wedge might be forming which could signal some more downward movement. In the...
After Breakout with exceptional volume the stock has shown retraction from previous high levels. After a wick rejection from the resistance zone it has again continued its uptrend.
In my trading days usually a candle stick usually has two wicks, one for the high and one for the low. This week is a perfect set up where the lowest part of the candle is also the open of the candle. That means the week opened up the bottom wick didn't form and bsv went up right away. If 90% of the time both sides of the candle has a wick, then this is a pretty...
